MUARA BUNGO

Key Facts
Status: Producer
Type of Work: Open-Pit
Location: South Sumatra, Indonesia
                 77 km NE of Sungai Penuh

Commodities: Coal
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Latest Information
February 1, 2010
PROPOSED PT TOBA JAYA ACQUISITION
January 29, 2009
QUARTERLY ACTIVITIES REPORT
December 31, 2008
The monthly coal tonnage was steady up until October at which time the mine was temporarily closed for the rainy season. This rainy season closure afforded NTC management the opportunity, assisted by the Department of Energy and Mineral Resources to review the current sub contract arrangements for the mining operations. As a result of this review new mining agreements will shortly be signed by NTC, in a move which, it is hoped, will deliver greater mine efficiencies and performance. It is anticipated that mining will re-commence at the end of the rainy season in mid-February, subject to DEMR being satisfied with the measures that have been taken and will be taken. Budgeted production over the next 12 months is 1.5 million tonnes.

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